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Suppose that rate of British pound is selling at US$1.6340., while the 180-day forward rate is US$1.6165. At the same time, the euro () spot

Suppose that rate of British pound is selling at US$1.6340., while the 180-day forward rate is US$1.6165. At the same time, the euro () spot and 180-day forward rates are US$0.6283 and US$0.6245, respectively. Calculate the annualized premium (discount) for in .

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